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Duke Realty (Duke Realty) Cyclically Adjusted PS Ratio : (As of May. 23, 2024)


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What is Duke Realty Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Duke Realty Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Duke Realty's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Duke Realty Cyclically Adjusted PS Ratio Chart

Duke Realty Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PS Ratio
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Duke Realty Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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Competitive Comparison of Duke Realty's Cyclically Adjusted PS Ratio

For the REIT - Industrial subindustry, Duke Realty's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Duke Realty's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Duke Realty's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Duke Realty's Cyclically Adjusted PS Ratio falls into.



Duke Realty Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Duke Realty's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2022 is calculated as:

For example, Duke Realty's adjusted Revenue per Share data for the three months ended in Jun. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=0.733/125.0168*125.0168
=0.733

Current CPI (Jun. 2022) = 125.0168.

Duke Realty Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201209 1.085 97.633 1.389
201212 0.840 96.871 1.084
201303 0.805 98.209 1.025
201306 0.814 98.518 1.033
201309 0.876 98.790 1.109
201312 0.487 98.326 0.619
201403 0.797 99.695 0.999
201406 0.815 100.560 1.013
201409 0.757 100.428 0.942
201412 0.709 99.070 0.895
201503 0.767 99.621 0.963
201506 0.647 100.684 0.803
201509 0.666 100.392 0.829
201512 0.182 99.792 0.228
201603 0.643 100.470 0.800
201606 0.519 101.688 0.638
201609 0.506 101.861 0.621
201612 0.500 101.863 0.614
201703 0.502 102.862 0.610
201706 0.523 103.349 0.633
201709 0.538 104.136 0.646
201712 0.595 104.011 0.715
201803 0.651 105.290 0.773
201806 0.580 106.317 0.682
201809 0.642 106.507 0.754
201812 0.742 105.998 0.875
201903 0.731 107.251 0.852
201906 0.653 108.070 0.755
201909 0.657 108.329 0.758
201912 0.617 108.420 0.711
202003 0.609 108.902 0.699
202006 0.640 108.767 0.736
202009 0.699 109.815 0.796
202012 0.706 109.897 0.803
202103 0.766 111.754 0.857
202106 0.712 114.631 0.777
202109 0.729 115.734 0.787
202112 0.681 117.630 0.724
202203 0.717 121.301 0.739
202206 0.733 125.017 0.733

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Duke Realty  (NYSE:DRE) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Duke Realty Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Duke Realty's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Duke Realty (Duke Realty) Business Description

Industry
Traded in Other Exchanges
N/A
Address
8711 River Crossing Boulevard, Indianapolis, IN, USA, 46240
Duke Realty is an Indianapolis-based publicly traded REIT that owns and operates a portfolio of primarily industrial properties and provides real estate services to third-party owners. It has interest in over 150 million square feet across the largest logistics markets in the U.S.
Executives
Steven W Schnur officer: EVP, Chief Operating Officer 600 E. 96TH ST, STE 100, INDIANAPOLIS IN 46240
Mark A Denien officer: EVP & CFO 600 E 96TH ST, #100, INDIANAPOLIS IN 46240
Scott P Anderson director 1031 MENDOTA HEIGHTS ROAD, ST. PAUL MN 55120
Chris T. Sultemeier director 1650 JOHN KING BLVD, #3602, ROCKWALL TX 75032
John Case director 600 LA TERRAZA BOULEVARD, ESCONDIDO CA 92025
Michael E Szymanczyk director DOMINION RESOURCES, INC., 100 TREDEGAR STREET, RICHMOND VA 23219
Warren M Thompson director 4951 LAKE BROOK DRIVE, SUITE 500, GLEN ALLEN VA 23060
Melanie R Sabelhaus director 227 GREENSPRING VALLEY DRIVE, OWINGS MILLS MD 21117
Lynn C Thurber director JONES LANG LASALLE INCORPORTED, 200 E RANDOLPH DR, CHICAGO IL 60601
Scott Peter M Iii director P O BOX 1551, RALEIGH NC 27601
Tamara D Fischer director 5200 DTC PARKWAY, SUITE 200, GREENWOOD VILLAGE CO 80111
James B. Connor director, officer: President and CEO 600 E 96TH ST, #100, INDIANAPOLIS IN 46240
Ann C. Dee officer: EVP,General Counsel & Corp Sec 600 E 96TH ST, #100, INDIANAPOLIS IN 46240
Nicholas C. Anthony officer: EVP, Chief Investment Officer 600 E 96TH STREET, SUITE 100, INDIANAPOLIS IN 46240
Kelly T Killingsworth director 2430 SW 75TH TERRACE, PORTLAND OR 97225